+Compare
GOLD
Stock ticker: NYSE
AS OF
Loading...
Price
Loading...
Change
Loading...
Capitalization
25.13B

GOLD Price Prediction, Barrick Gold Corp AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for GOLD with price predictions
08:00 PM EDT Oct 02, 2023

Momentum Indicator for GOLD turns negative, indicating new downward trend

GOLD saw its Momentum Indicator move below the 0 level on September 25, 2023. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 90 similar instances where the indicator turned negative. In of the 90 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for GOLD turned negative on September 25, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .

GOLD moved below its 50-day moving average on September 19, 2023 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where GOLD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GOLD advanced for three days, in of 302 cases, the price rose further within the following month. The odds of a continued upward trend are .

GOLD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 235 cases where GOLD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.094) is normal, around the industry mean (9.862). P/E Ratio (274.167) is within average values for comparable stocks, (67.403). Projected Growth (PEG Ratio) (1.311) is also within normal values, averaging (5.008). Dividend Yield (0.032) settles around the average of (0.051) among similar stocks. P/S Ratio (2.323) is also within normal values, averaging (145.972).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 87, placing this stock slightly better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. GOLD’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

A.I. Advisor
published Earnings

GOLD is expected to report earnings to rise 47.68% to 28 cents per share on November 02

Barrick Gold Corp GOLD Stock Earnings Reports
Q3'23
Est.
$0.28
Q2'23
Beat
by $0.02
Q1'23
Beat
by $0.01
Q4'22
Beat
by $0.01
Q3'22
Missed
by $0.06
The last earnings report on August 08 showed earnings per share of 18 cents, beating the estimate of 17 cents. With 19.24M shares outstanding, the current market capitalization sits at 25.13B.
A.I.Advisor
published Dividends

GOLD paid dividends on September 15, 2023

Barrick Gold Corp GOLD Stock Dividends
А dividend of $0.10 per share was paid with a record date of September 15, 2023, and an ex-dividend date of August 30, 2023. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Newmont Corp (NYSE:NEM), Barrick Gold Corp (NYSE:GOLD), Wheaton Precious Metals Corp (NYSE:WPM), Gold Fields Ltd (NYSE:GFI), Kinross Gold Corp (NYSE:KGC), Pan American Silver Corp (NYSE:PAAS), SSR Mining (NASDAQ:SSRM), Hecla Mining Company (NYSE:HL), FIRST MAJESTIC SILVER Corp (NYSE:AG).

Industry description

The Precious Metals industry is engaged in exploring/mining metals that are considered to be rare and/or have a high economic value. Popular precious metals include gold, platinum and silver - all three of which are largely used in jewelry, art and coinage alongwith having some industrial uses as well. Precious metals used in industrial processes include iridium, (used in specialty alloys), and palladium ( used in electronics and chemical applications). Historically, precious metals have traded at much higher prices than common industrial metals. Newmont Goldcorp Corp, Barrick Gold Corp and Freeport-McMoRan are few of the major precious metals producing companies in the U.S.

Market Cap

The average market capitalization across the Precious Metals Industry is 871.9M. The market cap for tickers in the group ranges from 575 to 47.49B. ZIJMY holds the highest valuation in this group at 47.49B. The lowest valued company is DRIFF at 575.

High and low price notable news

The average weekly price growth across all stocks in the Precious Metals Industry was -2%. For the same Industry, the average monthly price growth was -5%, and the average quarterly price growth was -8%. GLIOF experienced the highest price growth at 187%, while AURQF experienced the biggest fall at -82%.

Volume

The average weekly volume growth across all stocks in the Precious Metals Industry was 26%. For the same stocks of the Industry, the average monthly volume growth was 52% and the average quarterly volume growth was 3%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 52
P/E Growth Rating: 75
Price Growth Rating: 68
SMR Rating: 88
Profit Risk Rating: 87
Seasonality Score: -7 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a miner and explorer of gold

Industry PreciousMetals

Profile
Fundamentals
Details
Industry
Precious Metals
Address
161 Bay Street, Brookfield Place
Phone
+1 416 307-7405
Employees
22600
Web
https://www.barrick.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
STOCK / NAMEPrice $Chg $Chg %
OP3.080.23
+8.07%
OceanPal
CTBI34.24-0.29
-0.84%
Community Trust Bancorp
MGRC99.05-1.33
-1.32%
McGrath RentCorp
WSO370.14-5.41
-1.44%
Watsco
BIG4.36-0.35
-7.43%
Big Lots

GOLD and

Correlation & Price change

A.I.dvisor indicates that over the last year, GOLD has been closely correlated with AEM. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if GOLD jumps, then AEM could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GOLD
1D Price
Change %
GOLD100%
-0.28%
AEM - GOLD
88%
Closely correlated
+1.05%
NEM - GOLD
86%
Closely correlated
-0.93%
RGLD - GOLD
86%
Closely correlated
+0.42%
KGC - GOLD
85%
Closely correlated
+2.06%
WPM - GOLD
85%
Closely correlated
+0.74%
More